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Tesla to invest $2 billion in xAI, Elon Musk’s OpenAI competitor

by CNBC Markets | January 29, 2026 4:05 am | US Markets

In its earnings report on Wednesday, Tesla said it invested $2 billion in xAI, Elon Musk’s artificial intelligence startup.

Here are the five key takeaways from Wednesday’s Fed rate decision

by CNBC Markets | January 29, 2026 4:04 am | US Markets

The Federal Reserve wrapped up a two-day policy meeting Wednesday, delivering pretty much what the market expected.

Meta shares rise on stronger-than-expected revenue forecast

by CNBC Markets | January 29, 2026 3:09 am | US Markets

Meta reported fourth-quarter earnings on Wednesday and provided stronger-than-expected sales guidance.

Microsoft shows gain on OpenAI investment after restructuring as cloud growth slows

by CNBC Markets | January 29, 2026 3:08 am | US Markets

Microsoft’s finances look more favorable after OpenAI completed a restructuring.

Southwest Airlines forecasts surge in 2026 profits after new seat, bag fees take hold

by CNBC Markets | January 29, 2026 3:07 am | US Markets

Meta’s Reality Labs posts $6.02 billion loss in fourth quarter

by CNBC Markets | January 29, 2026 3:07 am | US Markets

Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.

Fed holds key interest rate steady as economic view improves

by CNBC Markets | January 29, 2026 1:07 am | US Markets

The Federal Reserve on Wednesday released its decision on interest rates.

Fed has not yet complied with subpoenas as Powell probe continues: Source

by CNBC Markets | January 28, 2026 11:11 pm | US Markets

Federal Reserve Chairman Jerome Powell says the criminal investigation resulted from frustration by President Donald Trump over interest rate cut decisions.

Tesla set to report fourth-quarter earnings after the bell

by CNBC Markets | January 28, 2026 11:11 pm | US Markets

Tesla’s earnings report comes weeks after Elon Musk’s automaker reported another decline in vehicle deliveries.

Meta set to report earnings: Update on revamped AI strategy is key to fourth quarter

by CNBC Markets | January 28, 2026 11:10 pm | US Markets

Meta will report fourth-quarter earnings, and investors will be looking for any signs that its new AI strategy will benefit the company in the new year.

Microsoft earnings: Cloud growth and capex numbers in focus for Q2

by CNBC Markets | January 28, 2026 11:09 pm | US Markets

Analysts expect Microsoft’s Azure cloud growth to slow slightly, even as it takes on a $250 billion commitment from OpenAI.

Snap establishes Specs subsidiary for its AR glasses

by CNBC Markets | January 28, 2026 8:06 pm | US Markets

Snap on Wednesday said its unit working on the development of augmented reality glasses is now housed under a wholly owned subsidiary named Specs Inc.

Starbucks earnings miss estimates, but coffee chain’s traffic grows for the first time in two years

by CNBC Markets | January 28, 2026 6:17 pm | US Markets

Shares of Starbucks have fallen more than 3% over the last year.

Southwest ends open seating after 54 years. Here’s what the last flight was like

by CNBC Markets | January 28, 2026 6:17 pm | US Markets

Southwest Airlines replaced open seating with assigned seats after more than 50 years.

Mortgage demand drops 8.5%, as interest rates swell to the highest level in 3 weeks

by CNBC Markets | January 28, 2026 6:11 pm | US Markets

Mortgage rates rose last week, causing a large drop in demand for refinances. Homebuyer demand was essentially flat.

U.S.-India trade talks could get a boost as America sees life going on without it

by CNBC Markets | January 28, 2026 5:16 pm | US Markets

There could be a renewed push to conclude a U.S.-India trade deal, analysts say, as the White House sees other countries signing trade deals.

Amazon laying off about 16,000 corporate workers in latest anti-bureaucracy push

by CNBC Markets | January 28, 2026 5:15 pm | US Markets

The layoffs mark the second round of mass cuts at Amazon since last October, when the company laid off roughly 14,000 employees across its corporate workforce.

Greenland will not give in, PM says, as Denmark warns world order as we know it is over

by CNBC Markets | January 28, 2026 5:14 pm | US Markets

Greenland Prime Minister Jens-Frederik Nielsen on Wednesday issued a defiant message on the Arctic island’s future.

Autonomous trucking startup Waabi raises $750 million to expand into robotaxis

by CNBC Markets | January 28, 2026 5:14 pm | US Markets

Khosla Ventures, G2 Venture Partners, Uber, Nvidia and Volvo are all investing in Toronto-based, driverless tech startup Waabi.

S&P 500 futures climb ahead of Fed decision, major tech earnings: Live updates

by CNBC Markets | January 28, 2026 4:11 pm | US Markets

The S&P 500 climbed to a new all-time high and closed at a record on Tuesday as traders eagerly awaited earnings from major tech companies.
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